USDCHF week 6-7 plan. Bearish + 200 pips!! $$$. w5
Overall
On week 5 DXY declined, USDCAD also showed downtrend = all pairs in correlation are downed.
On USDCHF i see price below SR = downtrend
Weekly
Below SR
Exhaustion candle bearish = short.
Daily
Below SR, Exhaustion candles
H4
Open short
ENTRY 0.99500
TP 0.98200
SL 1.0050
RR 2.53
In first week to take pips better to open with TP 0.98700
On week 5 DXY declined, USDCAD also showed downtrend = all pairs in correlation are downed.
On USDCHF i see price below SR = downtrend
Weekly
Below SR
Exhaustion candle bearish = short.
Daily
Below SR, Exhaustion candles
H4
Open short
ENTRY 0.99500
TP 0.98200
SL 1.0050
RR 2.53
In first week to take pips better to open with TP 0.98700
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